John Faraclas
And a bit of good news, even at very very low market levels… The BDI@870 – up 21, but the Wets still diving. Geopolitics the big issue and Terrorism MUST stop here and now, or else. John Faraclas’ daily recap:
The BDI (Dry Baltic Index) continued its upward trend, thanks to the Capers, Panamaxes and to a lesser extent to the Supras – pitty the Handies continued to drop…
The Capers gained 43 points and the BCI 2014 now stands at 1,481 points…
The Panamaxes’ PBI were up 20 points – now reading 833…
The Supras’ BSI with low gains but gains at 658 – plus four points.
The Handies’ BHSI at 424 minus one point…
The Wets losing ground; the last published BDTI (Dirties) and BCTI (Cleans) stood at 702 minus three and 539 – minus one respectively. CAUTION!
The WTI approaches the US$ 47 mark as these lines are written; it might go upwards a bit…
The Geopolitical issues remain the same and unfortunately are getting far worse – will revert later on as well as with news including the earthquakes in the Greek Aegean Islands of Lesvos, strongly felt in Chios too as well as in the Anaolian coast of Turkey and in particular the City of Izmir; until then be on guard from any eventuality by Pirates and Terrorists.
